Worksport Ltd. announced that it is set to expand its manufacturing operations by 222,000 square feet into the United States of America. The Company is under contract and conducting due diligence for a period of 70 days. This purchase would establish a strategic presence with a state-of-the-art facility in the Buffalo, NY suburb of Seneca, near ports, distribution hubs, and the Canadian border.

As the Company's manufacturing systems began occupying more space than expected and demand across all product lines increased, management proactively pursued additional manufacturing capacity that its recently leased Canadian manufacturing facility could not support alone. With an effective 222,000 square feet sitting on over 15 acres of land, the facility spans approximately 150,00 square feet and comes equipped with a 17,229-square foot Automated Storage & Retrieval System (AS/RS) standing 90 feet tall. This AS/RS can reduce labor costs and increase throughput by automatically loading, handling, storing, and picking 5,200 pallets weighing up to 3,000 lbs/pallet; a system representing 70,000 square feet of additional, fully automated warehouse space to support inventory demands and long-term growth.

There are also five more acres of additional land where the Company can develop between 50,000 to 100,000 square feet of additional space over coming years. And the facility's footprint infrastructure already meets the Company's current power and height requirements, which will allow for quick and streamlined occupancy and setup. Worksport management would be proud to bear the American flag across all product lines, including the Company's mobile, modular Terravis System (having recently resolved shipping and supply chain issues), Terravis Energy's versatile, fast charging Non-Parasitic Electric Vehicle (NPEV) systems and the Terravis Microgrid™, as well as future products.

This manufacturing expansion would also align directly with the Company's direct to consumer push that management expects will result in strong profit margins and immediate market penetration, as the Company focuses on aggressive EBITA targets within the next 12-24 months. Worksport will update its shareholders on the purchase contract ratification, contingent upon no critical findings from Company due diligence, as well as the facility's full scale production readiness as they become material; management estimates to close no later than April 2022.